Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 14 June 2017, 16:58 HKT/SGT
Share:
    

Source: Mitsubishi Heavy Industries, Ltd.
Basic Agreement Reached With Oshima Shipbuilding Co. to Form Commercial Shipbuilding Alliance
- Move will Strengthen Global Competitiveness in Shipbuilding -

TOKYO, June 14, 2017 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has reached a basic agreement with Oshima Shipbuilding Co., Ltd. towards the formation of an alliance in the commercial ship business. The companies will seek business synergy and target sustainable growth in order to strengthen business competitiveness in the global market, while also respecting mutual independence.

The agreement with Oshima Shipbuilding will utilize the expertise of both companies, establishing a technical alliance to focus on development of new ship designs and technologies, standardization of design and construction, and efficient shared use of tools and equipment. The alliance follows on from a previous agreement reached at the end of March with Imabari Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. Contracts for specific projects will be decided on an individual basis.

The new alliance will allow MHI to enhance competitiveness in shipbuilding, focusing on core engineering capabilities and expertise, while ensuring that Japan strengthens its shipbuilding capabilities in the face of a rapidly changing global industry.


About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

Contact:
Joseph Hood, PR Manager
Mitsubishi Heavy Industries, Ltd.
Email: mhi-pr@mhi.co.jp
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860


June 14, 2017 16:58 HKT/SGT
Source: Mitsubishi Heavy Industries, Ltd.

Topic: Press release summary
Sectors: Marine/Offshore
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Mitsubishi Heavy Industries, Ltd.
Sept 14, 2017 11:38 HKT/SGT
MHI to Spin Off Small-scale Gasoline Engine Business
Sept 12, 2017 19:39 HKT/SGT
MHI Selected by Inmarsat to Launch its First Inmarsat-6 Satellite
Sept 12, 2017 19:32 HKT/SGT
MHI Wins Place in Dow Jones Sustainability Asia Pacific Index
Sept 5, 2017 11:52 HKT/SGT
MHI-PPM Receives Order for Three Sets of "DIAMONDSPIRIT" Newspaper Offset Presses from Hokkaido Shimbun
Sept 4, 2017 12:07 HKT/SGT
MHI-MS Licenses Manufacturing and Sale of Hose Handling Cranes and Container Ship Deck Cranes to Jiangsu Masada of China
Sept 4, 2017 11:02 HKT/SGT
Mitsubishi Heavy Industries Relocates Air-Conditioning & Refrigeration Systems Operations to Kobe
Sept 1, 2017 17:23 HKT/SGT
New Integrated Company in the Industry & Infrastructure Business Domain to Be Named "Mitsubishi Heavy Industries Machinery Systems"
Aug 31, 2017 14:43 HKT/SGT
MHIEC Receives Order to Refurbish Ariake Waste-to-Energy Plant in Tokyo
Aug 30, 2017 11:19 HKT/SGT
MHIET Receives Order for 147 Diesel Gensets to Serve as Stand-alone Power Systems in Indonesia
Aug 23, 2017 08:31 HKT/SGT
MHI Launches Latest "roomiest" Humidifier Lineup
More news >>
 News Alerts
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: